Shearwater Capital LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 8, 2024), Shearwater Capital LLC reported 47 stock positions worth $145.0 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 40.1% of the portfolio, followed by Dimensional World Ex US Core (DFAX, 14.7%) and Dimensional International Va (DFIV, 9.3%). Compared with Q2 2024, it opened 5 new positions, sold out of 1, added to 11 and reduced 9. The biggest buy was a new position in Dimensional GLBL Core PL Fix (DFGP) and the biggest sale Nvidia (NVDA, shares −55%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001905665
- Portfolio Value
- $145.0M (Q3 2024)
- SEC Filing
- 0001905665-24-000006 ↗ filed Oct 8, 2024
Holdings Value
Holdings 47 stocks · $145.0M
| DFAC Dimensional US Core Equity 2 | 40.06% | 1,693,836 | $58.1M | Add +0.4% |
| DFAX Dimensional World Ex US Core | 14.70% | 789,258 | $21.3M | Add +1.2% |
| DFIV Dimensional International Va | 9.32% | 355,004 | $13.5M | Reduce -0.8% |
| DOCU Docusign Inc. | 4.90% | 114,428 | $7.1M | No change |
| DFUV Dimensional US Marketwide Va | 4.19% | 145,617 | $6.1M | Reduce -0.4% |
| DFAT Dimensional US Target Value | 3.24% | 84,412 | $4.7M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 1.84% | 14,319 | $2.7M | No change |
| DFAI Dimensional International Co. | 1.82% | 83,060 | $2.6M | Add +0.0% |
| DFEM Dimensional Emrg MRKT Core | 1.59% | 81,663 | $2.3M | Add +0.1% |
| DFUS Dimensional US Eq MKT ETF | 1.34% | 31,172 | $1.9M | Add +11.9% |
| DFNM Dimensional National Muni BD | 1.18% | 35,371 | $1.7M | Add +3.7% |
| AI C3.AI Inc. Class A | 1.12% | 67,276 | $1.6M | No change |
| DFIP Dimensional Inflation-Protec | 1.11% | 38,178 | $1.6M | Add +4.7% |
| DFAS Dimensional US Small Cap ETF | 1.08% | 24,072 | $1.6M | Reduce -0.2% |
| DFCF Dimensional Core Fixed Inc. | 1.04% | 34,986 | $1.5M | Reduce -0.1% |
| TSLA Tesla Inc. | 0.82% | 4,521 | $1.2M | No change |
| GLD SPDR Gold Shares | 0.78% | 4,635 | $1.1M | No change |
| ADBE Adobe Inc. | 0.69% | 1,920 | $994K | No change |
| SCHZ Schwab US Aggregate Bond ETF | 0.68% | 20,896 | $993K | Reduce -1.7% |
| DFAE Dimensional Emerging Core Eq | 0.68% | 35,856 | $983K | Add +0.1% |
| STLD Steel Dynamics Inc. | 0.63% | 7,291 | $919K | No change |
| IVV iShares Core S&P 500 ETF | 0.57% | 1,442 | $832K | No change |
| DISV Dimensional International SM | 0.48% | 23,945 | $696K | Add +6.0% |
| NVDA Nvidia Corp. | 0.45% | 5,415 | $658K | Reduce -55.0% |
| AAPL Apple Inc. | 0.40% | 2,500 | $583K | No change |
| SCHP Schwab U.S. Tips ETF | 0.39% | 10,647 | $571K | Reduce -0.0% |
| DFSV Dimensional US Small Cap Val | 0.36% | 17,162 | $529K | Add +5.8% |
| GOOG Alphabet Inc. Class C | 0.35% | 3,040 | $508K | No change |
| HUM Humana Inc. | 0.35% | 1,587 | $503K | No change |
| MCO Moody's Corp. | 0.32% | 964 | $458K | No change |
| ORCL Oracle Corp. | 0.30% | 2,585 | $440K | No change |
| STE Steris PLC | 0.28% | 1,694 | $411K | No change |
| DFSD Dimensional Short Duration | 0.28% | 8,570 | $409K | No change |
| IVW iShares S&P 500 Growth ETF | 0.28% | 4,176 | $400K | Reduce -3.4% |
| DFAU Dimensional US Core Equity M | 0.26% | 9,566 | $380K | No change |
| DFGR Dim Global Real Estate ETF | 0.25% | 12,561 | $363K | Add +3.2% |
| DE Deere & Co. | 0.20% | 692 | $289K | No change |
| AFRM Affirm Holdings Inc. | 0.20% | 7,000 | $286K | No change |
| SCHF Schwab Intl Equity ETF | 0.19% | 6,665 | $274K | No change |
| MAR Marriott International Class A | 0.19% | 1,102 | $274K | No change |
| SCHV Schwab US Large-Cap Value | 0.18% | 3,331 | $268K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.17% | 505 | $246K | No change |
| DFGP Dimensional GLBL Core PL Fix | 0.15% | 4,004 | $221K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 747 | $212K | New |
| XOM Exxon Mobil Corp. | 0.14% | 1,731 | $203K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 438 | $202K | New |
| SCHH Schwab US REIT ETF | 0.14% | 8,698 | $202K | New |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Reduce -55.0% | 0.45% | −0.64 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.15 |
| DFIV Dimensional International Va | Reduce -0.8% | 9.32% | −0.12 |
| DFAT Dimensional US Target Value | Reduce -2.1% | 3.24% | −0.05 |
| DFUV Dimensional US Marketwide Va | Reduce -0.4% | 4.19% | −0.03 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -1.7% | 0.68% | −0.03 |
| DFCF Dimensional Core Fixed Inc. | Reduce -0.1% | 1.04% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -3.4% | 0.28% | −0.02 |
| SCHP Schwab U.S. Tips ETF | Reduce -0.0% | 0.39% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.2% | 1.08% | +0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| DFGP Dimensional GLBL Core PL Fix | New | 0.15% | +0.15 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.15% | +0.15 |
| XOM Exxon Mobil Corp. | New | 0.14% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.14% | +0.14 |
| SCHH Schwab US REIT ETF | New | 0.14% | +0.14 |
| DFAX Dimensional World Ex US Core | Add +1.2% | 14.70% | +0.14 |
| DFUS Dimensional US Eq MKT ETF | Add +11.9% | 1.34% | +0.13 |
| DFAC Dimensional US Core Equity 2 | Add +0.4% | 40.06% | +0.09 |
| DISV Dimensional International SM | Add +6.0% | 0.48% | +0.03 |
| DFGR Dim Global Real Estate ETF | Add +3.2% | 0.25% | +0.03 |
| DFSV Dimensional US Small Cap Val | Add +5.8% | 0.36% | +0.02 |
| DFIP Dimensional Inflation-Protec | Add +4.7% | 1.11% | +0.02 |
| DFAI Dimensional International Co. | Add +0.0% | 1.82% | +0.01 |
| DFAE Dimensional Emerging Core Eq | Add +0.1% | 0.68% | −0.00 |
| DFNM Dimensional National Muni BD | Add +3.7% | 1.18% | −0.01 |
| DFEM Dimensional Emrg MRKT Core | Add +0.1% | 1.59% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 65 | $209.4M | DFAC, DFAX, DFIV, DFUV, DFAT |
| Q1 2026 | 71 | $190.7M | DFAC, DFAX, DFIV, DFUV, DOCU |
| Q4 2025 | 53 | $174.2M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q3 2025 | 50 | $168.5M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q2 2025 | 50 | $159.0M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q1 2025Amended | 45 | $142.3M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q4 2024 | 45 | $147.4M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q3 2024 | 47 | $145.0M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q2 2024 | 43 | $136.1M | DFAC, DFAX, DFIV, DOCU, DFUV |
| Q1 2024 | 43 | $135.7M | DFAC, DFAX, DFIV, DOCU, DFUV |